Tag: Tax Compliance
Reasonable criteria for tax deductibility in Philippines
The BIR’s RMC No.81-2025 sets rules on deductible business expenses, stressing they must be ordinary, necessary, reasonable, and well-documented under Philippine tax law
Jingtian & Gongcheng adds Shanghai litigation, tax partners
Jingtian & Gongcheng adds Chai Xiaofeng and Pu Jiayan as partners in Shanghai
Taxman’s bid to reform prosecution casts shadow over personal data
The Income Tax Bill, 2025, overhauls prosecution for wilful failure to file returns under clause 480, aligned with section 276CCC of the 1961 Act
LKS supports Fibro India deal as part of LÄPPLE restructure
LKS advised Fibro India on selling its rotary table unit to Fibro Rotary Tables India in LÄPPLE’s restructuring
Tax update
Explore key tax updates in Japan and the Philippines, including changes to VAT, global minimum tax, and digital services taxation
Sunshine opens branch in Chongqing to tap opportunities
Sunshine Law Firm opens new branch in Chongqing to explore regional energy opportunities
